Hybrid Loan Documentation Lead at Bridgewater Bank

We are seeking an experienced Loan Documentation Lead to join the Loan Administration team in St. Louis Park. Reporting to the SVP of Loan Administration, the Loan Documentation Lead performs a variety of functions associated with the origination of new loans.  This position ensures accurate preparation of loan documentation, maintains updates in the loan documentation system as well as timely delivery of documents to lending staff.  This position will ensure that loan documentation is accurate and in compliance with laws and regulations. 

RESPONSIBILITIES: 

• Prepare, review and process documentation and booking of commercial loans (CRE Multi-family, C&I, Construction development) to ensure terms of documents are in accordance with committee approved request and following bank policy, lending practices and regulatory statutes. May include communication with outside counsel related to document preparation and other due diligence.
• Distributes and Reviews work of staff for internally prepared documentation ensuring accuracy and timely delivery to Lending staff.
• Assist Director of Loan Documentation-Booking in training of staff members for document preparation and Booking.
• Administrator of internal documentation system updates and ongoing system maintenance such as updating rates and regulatory information.
• Preparation of Participation Agreements and Letter of Credit documentation, renewals, and modifications.
• Oversees SBA Express loan processing and documentation.
• Responsible for management and development of Loan Documentation Specialists by conducting annual performance reviews and quarterly 5-5-5’s.
• Accountable for identifying training needs and assist with career development.

QUALIFICATIONS:

• 5-7 years of Commercial and Consumer loan processing and/or documentation experience
• Strong oral and written communication skills
• High attention to detail and knowledge of rules, regulations and policies relating to loan documentation
• Bachelor’s degree preferred

ABOUT BRIDGEWATER BANK:

Picture yourself at one of the Twin Cities’ best places to work, surrounded by people who challenge you, support you, and inspire you to be your best. Welcome to Bridgewater Bank.

We’re on a mission to be the finest entrepreneurial bank in the Twin Cities. Like true entrepreneurs, we run fast and lean. We are in constant evolution and the runway for personal and professional growth is long. People are our strength, and that’s why we’ve created and sustained an award-winning culture that promotes growth and celebrates the big and little wins along the way.

At the end of the day, we believe competitive salaries, top-tier benefits, a hybrid work model, and transparency into the business is a given. Working together toward something meaningful with people you enjoy, is just a bonus! Will you join us? 

COMPENSATION & BENEFITS:

The typical compensation for this role is $72,700 – $86,500. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience. This position is eligible for a discretionary annual incentive program driven by organization and individual performance.

Bridgewater Bank provides a broad offering of competitive benefits including (but not limited to):

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Parental leave
• 401(k) with employer match
• Paid vacation & paid holidays

PLEASE NOTE:

The above is intended to describe the general content of and requirements for this position.  It is not to be construed as an exhaustive list of duties, responsibilities, or requirements. It is Bridgewater Bank’s policy to promote equal employment opportunities. All personnel decisions, including, but not limited to, recruiting, hiring, training, promotion, compensation, benefits and termination, are made without regard to race, creed, color, religion, national origin, sex, age, marital status, sexual orientation, gender identity, citizenship status, veteran status, disability or any other characteristic protected by applicable federal, state or local law.

STATUS: Exempt